Which of the following is / are eligible to receive Ways and Means Advances from RBI to handle their temporary mismatch in the cash flow?
- State Governments
- Central Government
- Public Sector Companies
- Indian Railways
Select the correct option from the codes given below:
WMA is a tool by RBI to help state governments when there is a temporary mismatch in the cash flow of the receipts and payments. RBI makes WMA to the state governments for a period of 90 Days with an overdraft facility of 14 days.
This question is a part of GKToday's Integrated IAS General Studies Module